INPUTS PRODUCTION SPAN – 3.5 YRS PROCESS CAPACITY – 3MT/PA OUTPUT @ 4.15% - 125,000T CU CAPEX - $250,000,000 CAPEX LOAN RATE 6% - 10 YEAR TERM OPEX - $940/T CU PRICE - $7,500/T ROYALTY – 4% TRANSPORT TOWNSVILLE - $50/T SHIPPING TO CHINA - $15/T SHARES ISSUED 190,000,000
CASH COSTS P/A 125,000T X $940 = $117,500,000 ROYALTY - 4% X 125,000T X $7,500 = $37,500,000 TRANSPORT – 125,000 X $50 = $6,250,000 SHIPPING – 125,000 X $15 = $1,875,000 DEBT REPAY $33,600,000 TOTAL EXPENSES P/A = $196,725,000
SHARE HOLDER VALUE GROSS REVENUE – 125,000T X $7,500 = $937,500,000 TOTAL EXPENSES - $196,725,000 TAXABLE INCOME - $740,775,000 INCOME AFTER 30% TAX - $518,500,000 NETT EARNINGS PER SHARE - $2.73
CDU Price at posting:
$4.48 Sentiment: Buy Disclosure: Held
